Market Overview:
The global acroleic acid market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for acrylic acid in various applications such as super absorbent polymers (SAP), dispersants, flocculants, thickening agents, adhesives, and others. Acrylic acid is used as a precursor for the production of various plastics and resins. It is also used in water treatment and papermaking industries.
Product Definition:
Acrolein is a colorless liquid with a pungent, acrid odor. It is the simplest unsaturated aldehyde, and is therefore an important intermediate in the chemical industry. Acrolein forms by the oxidation of propylene in air. It has been used as an herbicide and as a disinfectant.
Acrylic Acid 100%:
Acrylic acid is a colorless, water-soluble, and highly reactive organic compound. It can be derived from petrochemicals or renewable resources such as corn starch and sugar. The most common method for its production is by catalytic hydrogenation of acrylic acid ester to produce acrylic acid anhydride which in turn reacts with hydrogen gas to form the final product.
Acrylic Acid 80%:
Acrylic acid is a colorless and highly flammable organic compound. It has a strong odor similar to that of nail polish remover. It is soluble in water, ethanol, and diethyl ether but not in chloroform or carbon tetrachloride. The industrial form of the compound is usually sold with an 80% concentration level as acrylic acid monomer or polymer (AA80) which can be further processed to produce polyacrylic acid (PAA).
Application Insights:
SAP was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Acroleic acid based SAP finds applications in various industries including diapers, personal care, paper & pulp, textiles etc. as it helps maintain skin¢â‚¬â„¢s natural moisture barrier function and acts as a dispersant for water-based solutions. It also has excellent solvent properties which make them suitable for use in manufacturing various products such as adhesives and flocculants among others.
The demand for acroleic acid is expected to increase significantly owing to its utilization in producing other chemicals such as thickening agents, dispersants, adhesives & sealants and foaming agents among others which are used across several end-use industries globally.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth on account of increasing demand for personal care products, especially in emerging countries such as China and India. In addition, rising disposable income coupled with an expanding population is likely to drive product demand from packaging applications such as corrugated boxes and bags among others.
The acrylic acid industry has witnessed healthy growth due to its wide application scope across various end-use industries including agrochemicals, water treatment chemicals, pharmaceuticals & medicines among others which are anticipated to augment the regional market over the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, and plastics
- Rising awareness about the benefits of acroleic acid in various applications
- Growing investments by key players in acroleic acid production facilities
- Technological advancements that have led to the development of new products and applications for acroleic acid
- Expansion of distribution networks by leading players
Scope Of The Report
Report Attributes
Report Details
Report Title
Acroleic Acid Market Research Report
By Type
Acrylic Acid 100%, Acrylic Acid 80%, Acrylic Acid/Toluene
By Application
Super Absorbent Polymers (SAP), Dispersants, Flocculants, Thickening Agents, Adhesives, Others
By Companies
Basf, DowDuPont, Nippon Shokubai, Akema, Formosa, LG Chem, Mitsubishi Chem, Toagosei, Sasol, Hexion, Idemitsu Kosan, Jiangsu Jurong, HUAYI, Satellite, Basf-YPC, Sanmu Group, Shandong Kaitai, CNOOC, ChemChina, CNPC, Eastern Petr
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Acroleic Acid Market Report Segments:
The global Acroleic Acid market is segmented on the basis of:
Types
Acrylic Acid 100%, Acrylic Acid 80%, Acrylic Acid/Toluene
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Super Absorbent Polymers (SAP), Dispersants, Flocculants, Thickening Agents, Adhesives, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Basf
- DowDuPont
- Nippon Shokubai
- Akema
- Formosa
- LG Chem
- Mitsubishi Chem
- Toagosei
- Sasol
- Hexion
- Idemitsu Kosan
- Jiangsu Jurong
- HUAYI
- Satellite
- Basf-YPC
- Sanmu Group
- Shandong Kaitai
- CNOOC
- ChemChina
- CNPC
- Eastern Petr
Highlights of The Acroleic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acrylic Acid 100%
- Acrylic Acid 80%
- Acrylic Acid/Toluene
- By Application:
- Super Absorbent Polymers (SAP)
- Dispersants
- Flocculants
- Thickening Agents
- Adhesives
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Acroleic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aroleic acid is a type of organic compound that is found in small amounts in many foods. It has a sour taste and can be used to make vinegar.
Some of the major companies in the acroleic acid market are Basf, DowDuPont, Nippon Shokubai, Akema, Formosa, LG Chem, Mitsubishi Chem, Toagosei, Sasol, Hexion, Idemitsu Kosan, Jiangsu Jurong, HUAYI, Satellite, Basf-YPC, Sanmu Group, Shandong Kaitai, CNOOC, ChemChina, CNPC, Eastern Petr.
The acroleic acid market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Acroleic Acid Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Acroleic Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Acroleic Acid Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Acroleic Acid Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Acroleic Acid Market Size & Forecast, 2018-2028
4.5.1 Acroleic Acid Market Size and Y-o-Y Growth
4.5.2 Acroleic Acid Market Absolute $ Opportunity
Chapter 5 Global Acroleic Acid Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Acroleic Acid Market Size Forecast by Type
5.2.1 Acrylic Acid 100%
5.2.2 Acrylic Acid 80%
5.2.3 Acrylic Acid/Toluene
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Acroleic Acid Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Acroleic Acid Market Size Forecast by Applications
6.2.1 Super Absorbent Polymers (SAP)
6.2.2 Dispersants
6.2.3 Flocculants
6.2.4 Thickening Agents
6.2.5 Adhesives
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Acroleic Acid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Acroleic Acid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Acroleic Acid Analysis and Forecast
9.1 Introduction
9.2 North America Acroleic Acid Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Acroleic Acid Market Size Forecast by Type
9.6.1 Acrylic Acid 100%
9.6.2 Acrylic Acid 80%
9.6.3 Acrylic Acid/Toluene
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Acroleic Acid Market Size Forecast by Applications
9.10.1 Super Absorbent Polymers (SAP)
9.10.2 Dispersants
9.10.3 Flocculants
9.10.4 Thickening Agents
9.10.5 Adhesives
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Acroleic Acid Analysis and Forecast
10.1 Introduction
10.2 Europe Acroleic Acid Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Acroleic Acid Market Size Forecast by Type
10.6.1 Acrylic Acid 100%
10.6.2 Acrylic Acid 80%
10.6.3 Acrylic Acid/Toluene
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Acroleic Acid Market Size Forecast by Applications
10.10.1 Super Absorbent Polymers (SAP)
10.10.2 Dispersants
10.10.3 Flocculants
10.10.4 Thickening Agents
10.10.5 Adhesives
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Acroleic Acid Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Acroleic Acid Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Acroleic Acid Market Size Forecast by Type
11.6.1 Acrylic Acid 100%
11.6.2 Acrylic Acid 80%
11.6.3 Acrylic Acid/Toluene
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Acroleic Acid Market Size Forecast by Applications
11.10.1 Super Absorbent Polymers (SAP)
11.10.2 Dispersants
11.10.3 Flocculants
11.10.4 Thickening Agents
11.10.5 Adhesives
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Acroleic Acid Analysis and Forecast
12.1 Introduction
12.2 Latin America Acroleic Acid Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Acroleic Acid Market Size Forecast by Type
12.6.1 Acrylic Acid 100%
12.6.2 Acrylic Acid 80%
12.6.3 Acrylic Acid/Toluene
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Acroleic Acid Market Size Forecast by Applications
12.10.1 Super Absorbent Polymers (SAP)
12.10.2 Dispersants
12.10.3 Flocculants
12.10.4 Thickening Agents
12.10.5 Adhesives
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Acroleic Acid Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Acroleic Acid Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Acroleic Acid Market Size Forecast by Type
13.6.1 Acrylic Acid 100%
13.6.2 Acrylic Acid 80%
13.6.3 Acrylic Acid/Toluene
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Acroleic Acid Market Size Forecast by Applications
13.10.1 Super Absorbent Polymers (SAP)
13.10.2 Dispersants
13.10.3 Flocculants
13.10.4 Thickening Agents
13.10.5 Adhesives
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Acroleic Acid Market: Competitive Dashboard
14.2 Global Acroleic Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Basf
14.3.2 DowDuPont
14.3.3 Nippon Shokubai
14.3.4 Akema
14.3.5 Formosa
14.3.6 LG Chem
14.3.7 Mitsubishi Chem
14.3.8 Toagosei
14.3.9 Sasol
14.3.10 Hexion
14.3.11 Idemitsu Kosan
14.3.12 Jiangsu Jurong
14.3.13 HUAYI
14.3.14 Satellite
14.3.15 Basf-YPC
14.3.16 Sanmu Group
14.3.17 Shandong Kaitai
14.3.18 CNOOC
14.3.19 ChemChina
14.3.20 CNPC
14.3.21 Eastern Petr
